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City Report · AL

Lincoln

Pop. 7,305·34th most expensive in Alabama·Rental market data updated monthly for Lincoln, AL
Median rent (all units)
$1,503/mo
Year-over-Year
Stable
Month-over-Month
-0.7%
vs US Median
-$459
Falling (Monthly)
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Most AffordableMost Expensive
Lincoln · $1,503
More affordable than 76% of US cities · National median $1,962/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $1,503/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$60,000/yr
Local median income
$57,145/yr
Based on the 30%-of-income rule using Lincoln's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

2 BR
$949
3 BR
$895
Fair Market Rent (HUD)
$949/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,503 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$18,036/yr
At $1,503/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.7% MoM), not inventory.
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Demographics

Who lives here

Lincoln, AL is majority owner-occupied, has a large share of families with children, has a median income below the national average, 19% of residents hold a bachelor's degree or higher.

Population
7,305
Median income
$57,145
Median age
40.5
Renters
6.7%
Age distribution
25.1%
19.6%
23.6%
14.1%
17.6%
Under 1825.1%
18–3419.6%
35–5423.6%
55–6414.1%
65+17.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
65.4%
20.3%
White65.4%
Black20.3%
Hispanic3.8%
Asian1.1%
Other9.4%
Education (25+)
38.9%
34%
19%
No HS diploma8.1%
HS diploma38.9%
Some college34%
Bachelor's+19%
Housing tenure
93.3%
Owner93.3%
Renter6.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lincoln, AL has changed in 5 years

Income
$63,464 → $57,145
down 10.0%
Population
6,836 → 7,305
up 6.9%
Renter share
14.2% → 6.7%
-7.5 pts
Bachelor's+
20.1% → 19%
-1.1 pts
Median age
38.1 → 40.5
+2.4 yrs

Household income in the area moved from $63,464 to $57,145 across the same window, down 10.0% versus 2021. The population has grown by 6.9% since 2021, moving from about 6,836 residents to roughly 7,305. Renters now make up 6.7% of households, compared with 14.2% five years ago.

Community

Discussions about Lincoln

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View Lincoln rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lincoln on your salary?

At $1,503/mo, how Lincoln rent compares to typical pay (30% rule).

By apartment size

Lincoln rent by bedroom count

Median rent for each apartment size in Lincoln. Click any size for full breakdown.

Local insights

Tips for renters in Lincoln

About renting in Lincoln, AL

Last updated: August 17, 2026

The median rent in Lincoln is $1,503/mo as of August 2026. a 2-bedroom runs $949/mo and 3-bedroom units go for $895/mo.

At 32% of local median household income ($57,145/yr), Lincoln ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Lincoln an affordable city for renters?

Lincoln is considered moderate for renters. At $1,503/mo, rent takes approximately 32% of the local median household income ($57,145/yr). The standard benchmark is 30%. Lincoln slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lincoln?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,503/mo in Lincoln. The local median household income is $57,145/yr, meaning the typical Lincoln household falls short of that threshold.

Is rent going up or down in Lincoln?

Rent in Lincoln has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Lincoln rent compare to other cities in Alabama?

Lincoln is middle-of-the-pack for Alabama for rent, ranking #34 out of 70 tracked cities at $1,503/mo.

Which nearby cities are cheaper to rent in than Lincoln?

Several nearby cities have lower median rents than Lincoln ($1,503/mo): Talladega ($750/mo), Oxford ($1,161/mo).

What percentage of Lincoln residents rent vs. own?

According to Census data, approximately 6.7% of Lincoln households are renters, while 93.3% are owner-occupied. Lincoln leans toward homeownership, which can mean a smaller rental inventory.

How does Lincoln rent compare to the national average?

Lincoln's median rent of $1,503/mo is $459 (23%) below the US national median of $1,962/mo. Within Alabama, it ranks #34 out of 70 tracked cities.
Income Affordability
32%
MODERATE

At $1,503/mo, rent takes ~32% of Lincoln's median household income ($57,145/yr). The standard benchmark is 30%.

Lincoln 32%Benchmark 30%
State income tax2–5%
Run the Lincoln affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lincoln, AL

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